QVML vs. SCHX ETF Comparison

Comparison of Invesco S&P 500 QVM Multi-factor ETF (QVML) to Schwab U.S. Large-Cap ETF (SCHX)

QVML

Invesco S&P 500 QVM Multi-factor ETF

QVML Description

The investment seeks to track the investment results of the S&P 500 ® Quality, Value & Momentum Top 90% Multi- Factor Index (the “underlying index”). The fund generally will invest at least 90% of its total assets in the securities that comprise the index. S&P Dow Jones Indices LLC compiles, maintains and calculates the index, which is designed to track the performance of a subset of securities from the S&P 500 ® Index that exhibit the investment style criteria of quality, value and momentum. The index is composed of securities with multi-factor scores representing the top 90% of the parent index, as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.82

Average Daily Volume

1,105

Number of Holdings ^*

444

* may have additional holdings in another (foreign) market

SCHX

Schwab U.S. Large-Cap ETF

SCHX Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Total Stock Market IndexSM. The fund invests at least 90% of net assets in stocks that are included in the index. The index includes the large-cap portion of the Dow Jones U.S. Total Stock Market IndexSM actually available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The index is a float-adjusted market capitalization weighted index. It may invest up to 10% of its net assets in securities not included in its index.

Grade (RS Rating)

Last Trade

$67.23

Average Daily Volume

1,412,562

Number of Holdings ^*

727

* may have additional holdings in another (foreign) market

Performance

Period	QVML	SCHX
30 Days	2.09%	2.30%
60 Days	3.90%	4.07%
90 Days	4.37%	5.03%
12 Months	32.66%	31.57%

443 Overlapping Holdings

	Symbol	Grade	Weight in QVML	Weight in SCHX	Overlap
	A	C	0.09%	0.08%	0.08%
	AAL	D	0.02%	0.01%	0.01%
	AAPL	C	6.84%	6.46%	6.46%
	ABBV	C	0.78%	0.69%	0.69%
	ABNB	D	0.12%	0.1%	0.1%
	ABT	C	0.47%	0.41%	0.41%
	ACGL	C	0.1%	0.08%	0.08%
	ACN	C	0.51%	0.44%	0.44%
	ADBE	F	0.6%	0.52%	0.52%
	ADI	C	0.25%	0.22%	0.22%
	ADM	D	0.08%	0.06%	0.06%
	ADP	B	0.27%	0.23%	0.23%
	ADSK	C	0.12%	0.11%	0.11%
	AEE	C	0.05%	0.05%	0.05%
	AEP	C	0.13%	0.11%	0.11%
	AFL	C	0.14%	0.11%	0.11%
	AIG	D	0.13%	0.1%	0.1%
	AIZ	B	0.02%	0.02%	0.02%
	AJG	D	0.15%	0.13%	0.13%
	AKAM	D	0.04%	0.03%	0.03%
	ALB	D	0.03%	0.02%	0.02%
	ALGN	D	0.04%	0.03%	0.03%
	ALL	B	0.12%	0.1%	0.1%
	ALLE	B	0.03%	0.02%	0.02%
	AMAT	D	0.32%	0.31%	0.31%
	AMCR	B	0.04%	0.03%	0.03%
	AMD	D	0.59%	0.49%	0.49%
	AME	C	0.09%	0.08%	0.08%
	AMP	A	0.1%	0.09%	0.09%
	AMZN	C	3.79%	3.4%	3.4%
	ANET	B	0.2%	0.18%	0.18%
	ANSS	D	0.06%	0.06%	0.06%
	AOS	D	0.02%	0.02%	0.02%
	APA	F	0.02%	0.02%	0.02%
	APH	D	0.17%	0.15%	0.15%
	APTV	D	0.05%	0.04%	0.04%
	ARE	C	0.05%	0.04%	0.04%
	ATO	B	0.05%	0.04%	0.04%
	AVB	B	0.08%	0.07%	0.07%
	AVGO	C	1.51%	1.39%	1.39%
	AVY	C	0.04%	0.04%	0.04%
	AXON	B	0.06%	0.05%	0.05%
	AXP	B	0.37%	0.29%	0.29%
	BAC	D	0.63%	0.53%	0.53%
	BALL	C	0.05%	0.04%	0.04%
	BAX	C	0.05%	0.04%	0.04%
	BBWI	F	0.02%	0.01%	0.01%
	BBY	C	0.04%	0.04%	0.04%
	BDX	D	0.16%	0.14%	0.14%
	BEN	F	0.01%	0.01%	0.01%
	BG	D	0.03%	0.03%	0.03%
	BIO	C	0.02%	0.01%	0.01%
	BK	B	0.12%	0.1%	0.1%
	BKNG	C	0.31%	0.26%	0.26%
	BKR	C	0.08%	0.07%	0.07%
	BLDR	C	0.05%	0.04%	0.04%
	BLK	B	0.29%	0.25%	0.25%
	BR	D	0.06%	0.05%	0.05%
	BRK.A	C	1.95%	1.65%	1.65%
	BRO	C	0.06%	0.05%	0.05%
	BSX	B	0.28%	0.25%	0.25%
	BWA	D	0.02%	0.01%	0.01%
	BX	B	0.24%	0.21%	0.21%
	BXP	B	0.03%	0.02%	0.02%
	C	C	0.27%	0.22%	0.22%
	CAG	C	0.04%	0.03%	0.03%
	CAH	C	0.06%	0.06%	0.06%
	CARR	B	0.14%	0.12%	0.12%
	CAT	B	0.42%	0.33%	0.33%
	CB	B	0.28%	0.23%	0.23%
	CBOE	C	0.05%	0.04%	0.04%
	CBRE	A	0.08%	0.07%	0.07%
	CCL	C	0.04%	0.03%	0.03%
	CDNS	D	0.16%	0.14%	0.14%
	CDW	D	0.07%	0.06%	0.06%
	CE	F	0.03%	0.02%	0.02%
	CEG	C	0.14%	0.12%	0.12%
	CF	C	0.04%	0.03%	0.03%
	CFG	C	0.04%	0.04%	0.04%
	CHD	D	0.06%	0.05%	0.05%
	CHRW	B	0.03%	0.02%	0.02%
	CHTR	D	0.08%	0.06%	0.06%
	CI	C	0.25%	0.2%	0.2%
	CINF	B	0.05%	0.04%	0.04%
	CL	D	0.2%	0.18%	0.18%
	CLX	C	0.05%	0.04%	0.04%
	CMCSA	D	0.39%	0.3%	0.3%
	CME	C	0.19%	0.16%	0.16%
	CMG	C	0.18%	0.15%	0.15%
	CMI	C	0.1%	0.08%	0.08%
	CMS	C	0.05%	0.04%	0.04%
	CNC	D	0.1%	0.08%	0.08%
	CNP	C	0.04%	0.04%	0.04%
	COF	B	0.12%	0.1%	0.1%
	COP	D	0.29%	0.24%	0.24%
	COST	B	0.91%	0.8%	0.8%
	CPAY	B	0.06%	0.04%	0.04%
	CPB	C	0.03%	0.02%	0.02%
	CPRT	D	0.1%	0.09%	0.09%
	CPT	B	0.03%	0.03%	0.03%
	CRL	F	0.02%	0.02%	0.02%
	CRM	D	0.57%	0.49%	0.49%
	CSCO	C	0.48%	0.4%	0.4%
	CSGP	D	0.07%	0.07%	0.07%
	CSX	D	0.16%	0.13%	0.13%
	CTAS	B	0.16%	0.14%	0.14%
	CTRA	D	0.04%	0.03%	0.03%
	CTSH	C	0.09%	0.08%	0.08%
	CTVA	B	0.1%	0.08%	0.08%
	CVS	D	0.17%	0.14%	0.14%
	CVX	D	0.6%	0.48%	0.48%
	CZR	C	0.02%	0.02%	0.02%
	D	C	0.12%	0.1%	0.1%
	DAL	C	0.07%	0.06%	0.06%
	DAY	D	0.02%	0.02%	0.02%
	DD	B	0.08%	0.07%	0.07%
	DE	B	0.24%	0.2%	0.2%
	DECK	C	0.06%	0.05%	0.05%
	DFS	B	0.08%	0.07%	0.07%
	DG	F	0.05%	0.04%	0.04%
	DGX	B	0.04%	0.03%	0.03%
	DHI	B	0.14%	0.11%	0.11%
	DHR	B	0.41%	0.36%	0.36%
	DIS	D	0.4%	0.32%	0.32%
	DLR	B	0.12%	0.1%	0.1%
	DLTR	F	0.04%	0.03%	0.03%
	DOC	C	0.04%	0.03%	0.03%
	DOV	B	0.06%	0.05%	0.05%
	DOW	D	0.08%	0.07%	0.07%
	DPZ	F	0.03%	0.03%	0.03%
	DRI	B	0.04%	0.04%	0.04%
	DTE	C	0.06%	0.05%	0.05%
	DUK	C	0.21%	0.18%	0.18%
	DVA	B	0.02%	0.02%	0.02%
	DVN	F	0.06%	0.05%	0.05%
	EA	D	0.08%	0.07%	0.07%
	EBAY	B	0.08%	0.06%	0.06%
	ECL	B	0.14%	0.13%	0.13%
	ED	C	0.09%	0.07%	0.07%
	EFX	B	0.08%	0.07%	0.07%
	EG	C	0.04%	0.03%	0.03%
	EIX	C	0.08%	0.07%	0.07%
	ELV	C	0.3%	0.25%	0.25%
	EMN	B	0.03%	0.02%	0.02%
	EMR	D	0.14%	0.12%	0.12%
	EOG	D	0.17%	0.14%	0.14%
	EPAM	F	0.03%	0.02%	0.02%
	EQR	B	0.06%	0.05%	0.05%
	EQT	D	0.03%	0.04%	0.03%
	ES	C	0.06%	0.05%	0.05%
	ESS	B	0.05%	0.04%	0.04%
	ETN	C	0.29%	0.24%	0.24%
	ETR	B	0.06%	0.05%	0.05%
	EVRG	B	0.03%	0.03%	0.03%
	EW	F	0.1%	0.08%	0.08%
	EXC	C	0.1%	0.08%	0.08%
	EXPD	C	0.04%	0.04%	0.04%
	EXPE	C	0.04%	0.03%	0.03%
	EXR	B	0.09%	0.08%	0.08%
	F	F	0.1%	0.08%	0.08%
	FANG	D	0.08%	0.06%	0.06%
	FAST	C	0.1%	0.08%	0.08%
	FCX	D	0.15%	0.12%	0.12%
	FDS	C	0.04%	0.03%	0.03%
	FDX	C	0.16%	0.13%	0.13%
	FE	C	0.06%	0.05%	0.05%
	FFIV	B	0.03%	0.02%	0.02%
	FITB	B	0.07%	0.06%	0.06%
	FMC	C	0.02%	0.02%	0.02%
	FOXA	B	0.04%	0.03%	0.03%
	FRT	C	0.02%	0.02%	0.02%
	FSLR	C	0.05%	0.05%	0.05%
	FTV	C	0.06%	0.05%	0.05%
	GD	B	0.16%	0.14%	0.14%
	GE	B	0.44%	0.37%	0.37%
	GEHC	C	0.09%	0.07%	0.07%
	GEV	B	0.14%	0.12%	0.12%
	GIS	B	0.1%	0.08%	0.08%
	GL	C	0.02%	0.02%	0.02%
	GLW	C	0.07%	0.07%	0.07%
	GM	C	0.11%	0.1%	0.1%
	GNRC	D	0.02%	0.02%	0.02%
	GOOG	D	3.81%	1.5%	1.5%
	GPC	D	0.04%	0.04%	0.04%
	GPN	D	0.07%	0.06%	0.06%
	GRMN	D	0.07%	0.06%	0.06%
	GS	C	0.37%	0.31%	0.31%
	GWW	B	0.1%	0.09%	0.09%
	HAL	F	0.06%	0.05%	0.05%
	HBAN	B	0.05%	0.04%	0.04%
	HCA	B	0.18%	0.15%	0.15%
	HD	B	0.85%	0.74%	0.74%
	HES	F	0.09%	0.07%	0.07%
	HIG	B	0.08%	0.07%	0.07%
	HII	D	0.02%	0.02%	0.02%
	HOLX	B	0.05%	0.04%	0.04%
	HON	D	0.31%	0.27%	0.27%
	HPE	D	0.04%	0.04%	0.04%
	HPQ	D	0.07%	0.06%	0.06%
	HRL	C	0.02%	0.02%	0.02%
	HSIC	C	0.02%	0.02%	0.02%
	HST	C	0.03%	0.02%	0.02%
	HSY	C	0.07%	0.06%	0.06%
	HUBB	B	0.05%	0.04%	0.04%
	HUM	F	0.1%	0.08%	0.08%
	HWM	B	0.09%	0.07%	0.07%
	IBM	B	0.45%	0.39%	0.39%
	ICE	C	0.21%	0.18%	0.18%
	IDXX	C	0.09%	0.08%	0.08%
	IEX	D	0.04%	0.03%	0.03%
	IFF	B	0.06%	0.05%	0.05%
	INCY	C	0.03%	0.02%	0.02%
	INTC	F	0.19%	0.17%	0.17%
	INTU	C	0.41%	0.36%	0.36%
	INVH	C	0.05%	0.04%	0.04%
	IP	B	0.04%	0.03%	0.03%
	IPG	C	0.03%	0.02%	0.02%
	IQV	C	0.1%	0.09%	0.09%
	IR	C	0.09%	0.07%	0.07%
	IRM	C	0.07%	0.07%	0.07%
	ISRG	B	0.38%	0.35%	0.35%
	IT	B	0.09%	0.08%	0.08%
	ITW	C	0.16%	0.14%	0.14%
	IVZ	B	0.02%	0.01%	0.01%
	J	C	0.04%	0.04%	0.04%
	JBHT	D	0.03%	0.03%	0.03%
	JBL	D	0.03%	0.03%	0.03%
	JCI	B	0.11%	0.1%	0.1%
	JKHY	B	0.03%	0.03%	0.03%
	JNJ	C	0.94%	0.8%	0.8%
	JNPR	B	0.03%	0.03%	0.03%
	JPM	D	1.48%	1.2%	1.2%
	K	B	0.05%	0.04%	0.04%
	KDP	B	0.09%	0.08%	0.08%
	KEY	B	0.04%	0.03%	0.03%
	KEYS	C	0.06%	0.05%	0.05%
	KHC	C	0.07%	0.06%	0.06%
	KIM	C	0.04%	0.03%	0.03%
	KLAC	D	0.21%	0.2%	0.2%
	KMB	D	0.11%	0.1%	0.1%
	KMI	B	0.09%	0.08%	0.08%
	KMX	D	0.03%	0.02%	0.02%
	KO	C	0.65%	0.56%	0.56%
	KR	C	0.09%	0.07%	0.07%
	KVUE	C	0.11%	0.09%	0.09%
	L	C	0.03%	0.03%	0.03%
	LDOS	B	0.05%	0.04%	0.04%
	LEN	B	0.11%	0.09%	0.09%
	LHX	C	0.1%	0.09%	0.09%
	LIN	B	0.53%	0.45%	0.45%
	LKQ	F	0.02%	0.02%	0.02%
	LLY	C	1.65%	1.48%	1.48%
	LMT	C	0.29%	0.24%	0.24%
	LNT	B	0.04%	0.03%	0.03%
	LOW	B	0.34%	0.29%	0.29%
	LRCX	F	0.21%	0.2%	0.2%
	LULU	D	0.07%	0.06%	0.06%
	LUV	C	0.04%	0.03%	0.03%
	LVS	D	0.03%	0.03%	0.03%
	LW	D	0.02%	0.02%	0.02%
	LYB	D	0.06%	0.05%	0.05%
	LYV	B	0.03%	0.03%	0.03%
	MA	B	0.96%	0.81%	0.81%
	MAA	B	0.04%	0.04%	0.04%
	MAR	C	0.13%	0.11%	0.11%
	MAS	B	0.04%	0.03%	0.03%
	MCHP	F	0.1%	0.08%	0.08%
	MCK	F	0.15%	0.13%	0.13%
	MCO	B	0.17%	0.15%	0.15%
	MDLZ	B	0.24%	0.2%	0.2%
	MDT	C	0.28%	0.24%	0.24%
	MET	B	0.11%	0.09%	0.09%
	META	B	2.49%	2.26%	2.26%
	MGM	F	0.02%	0.02%	0.02%
	MHK	C	0.02%	0.02%	0.02%
	MKC	C	0.05%	0.04%	0.04%
	MKTX	C	0.02%	0.02%	0.02%
	MLM	D	0.08%	0.06%	0.06%
	MMC	C	0.26%	0.23%	0.23%
	MNST	D	0.09%	0.07%	0.07%
	MO	C	0.22%	0.18%	0.18%
	MOH	D	0.05%	0.04%	0.04%
	MOS	F	0.02%	0.02%	0.02%
	MPC	F	0.15%	0.11%	0.11%
	MPWR	C	0.09%	0.09%	0.09%
	MRK	D	0.66%	0.59%	0.59%
	MRNA	F	0.05%	0.05%	0.05%
	MRO	C	0.04%	0.03%	0.03%
	MS	D	0.29%	0.24%	0.24%
	MSFT	C	7.0%	6.33%	6.33%
	MSI	B	0.17%	0.15%	0.15%
	MTB	B	0.07%	0.06%	0.06%
	MU	F	0.2%	0.2%	0.2%
	NCLH	C	0.02%	0.02%	0.02%
	NDAQ	A	0.06%	0.06%	0.06%
	NDSN	C	0.03%	0.03%	0.03%
	NEE	C	0.44%	0.35%	0.35%
	NFLX	B	0.69%	0.59%	0.59%
	NI	B	0.03%	0.03%	0.03%
	NKE	D	0.23%	0.19%	0.19%
	NOC	B	0.18%	0.14%	0.14%
	NOW	B	0.39%	0.36%	0.36%
	NRG	C	0.04%	0.03%	0.03%
	NSC	C	0.14%	0.12%	0.12%
	NTAP	D	0.05%	0.05%	0.05%
	NTRS	A	0.04%	0.04%	0.04%
	NUE	F	0.09%	0.07%	0.07%
	NVDA	D	6.04%	5.79%	5.79%
	NVR	B	0.07%	0.06%	0.06%
	NWSA	D	0.03%	0.03%	0.03%
	NXPI	F	0.13%	0.12%	0.12%
	O	C	0.13%	0.11%	0.11%
	ODFL	D	0.08%	0.07%	0.07%
	OKE	B	0.12%	0.11%	0.11%
	OMC	B	0.05%	0.04%	0.04%
	ON	D	0.07%	0.06%	0.06%
	ORCL	C	0.5%	0.5%	0.5%
	OXY	F	0.08%	0.07%	0.07%
	PANW	D	0.24%	0.22%	0.22%
	PARA	F	0.01%	0.01%	0.01%
	PAYC	D	0.02%	0.02%	0.02%
	PAYX	C	0.1%	0.09%	0.09%
	PCAR	D	0.12%	0.1%	0.1%
	PCG	C	0.1%	0.08%	0.08%
	PEG	B	0.1%	0.08%	0.08%
	PEP	C	0.6%	0.49%	0.49%
	PFG	B	0.04%	0.03%	0.03%
	PG	C	0.95%	0.83%	0.83%
	PGR	B	0.36%	0.29%	0.29%
	PH	B	0.18%	0.15%	0.15%
	PHM	B	0.07%	0.06%	0.06%
	PKG	B	0.04%	0.04%	0.04%
	PLD	C	0.28%	0.24%	0.24%
	PNC	B	0.17%	0.14%	0.14%
	PNR	B	0.03%	0.03%	0.03%
	PNW	C	0.02%	0.02%	0.02%
	POOL	C	0.03%	0.03%	0.03%
	PPG	D	0.07%	0.06%	0.06%
	PPL	C	0.06%	0.05%	0.05%
	PRU	C	0.1%	0.08%	0.08%
	PSA	B	0.13%	0.11%	0.11%
	PSX	F	0.13%	0.11%	0.11%
	PTC	D	0.05%	0.04%	0.04%
	PWR	B	0.09%	0.08%	0.08%
	PYPL	B	0.18%	0.15%	0.15%
	QCOM	D	0.41%	0.38%	0.38%
	QRVO	F	0.02%	0.02%	0.02%
	RCL	B	0.09%	0.08%	0.08%
	REG	C	0.03%	0.02%	0.02%
	REGN	C	0.27%	0.24%	0.24%
	RF	B	0.05%	0.04%	0.04%
	RJF	C	0.05%	0.04%	0.04%
	ROK	D	0.07%	0.06%	0.06%
	ROL	C	0.03%	0.03%	0.03%
	ROP	C	0.13%	0.12%	0.12%
	ROST	C	0.12%	0.1%	0.1%
	RSG	D	0.1%	0.08%	0.08%
	RTX	C	0.38%	0.32%	0.32%
	SCHW	D	0.21%	0.19%	0.19%
	SHW	B	0.21%	0.17%	0.17%
	SJM	C	0.03%	0.03%	0.03%
	SLB	F	0.14%	0.11%	0.11%
	SMCI	F	0.05%	0.04%	0.04%
	SNA	C	0.03%	0.03%	0.03%
	SNPS	D	0.17%	0.15%	0.15%
	SO	B	0.23%	0.2%	0.2%
	SOLV	C	0.02%	0.02%	0.02%
	SPG	B	0.12%	0.11%	0.11%
	SPGI	B	0.38%	0.33%	0.33%
	SRE	C	0.12%	0.1%	0.1%
	STE	C	0.06%	0.05%	0.05%
	STLD	F	0.04%	0.03%	0.03%
	STT	A	0.06%	0.05%	0.05%
	STZ	D	0.09%	0.08%	0.08%
	SW	B	0.03%	0.05%	0.03%
	SWK	B	0.04%	0.03%	0.03%
	SWKS	D	0.03%	0.03%	0.03%
	SYF	C	0.04%	0.04%	0.04%
	SYK	C	0.29%	0.25%	0.25%
	SYY	D	0.09%	0.08%	0.08%
	T	C	0.37%	0.31%	0.31%
	TAP	D	0.02%	0.02%	0.02%
	TDY	B	0.05%	0.04%	0.04%
	TEL	D	0.11%	0.09%	0.09%
	TER	D	0.04%	0.04%	0.04%
	TFC	C	0.13%	0.11%	0.11%
	TFX	C	0.03%	0.02%	0.02%
	TGT	C	0.17%	0.14%	0.14%
	TJX	B	0.3%	0.27%	0.27%
	TMO	B	0.55%	0.48%	0.48%
	TMUS	C	0.25%	0.21%	0.21%
	TPR	C	0.02%	0.02%	0.02%
	TRGP	B	0.07%	0.06%	0.06%
	TRMB	C	0.03%	0.03%	0.03%
	TROW	D	0.05%	0.05%	0.05%
	TRV	C	0.13%	0.11%	0.11%
	TSCO	C	0.07%	0.06%	0.06%
	TSN	C	0.04%	0.04%	0.04%
	TT	B	0.19%	0.16%	0.16%
	TXN	C	0.41%	0.37%	0.37%
	TXT	D	0.04%	0.03%	0.03%
	TYL	C	0.06%	0.05%	0.05%
	UAL	C	0.04%	0.03%	0.03%
	UBER	C	0.29%	0.29%	0.29%
	UDR	C	0.03%	0.03%	0.03%
	UHS	B	0.03%	0.03%	0.03%
	ULTA	D	0.04%	0.04%	0.04%
	UNH	C	1.28%	1.09%	1.09%
	UNP	C	0.37%	0.3%	0.3%
	UPS	D	0.22%	0.19%	0.19%
	URI	B	0.12%	0.09%	0.09%
	USB	B	0.17%	0.14%	0.14%
	V	C	1.07%	0.9%	0.9%
	VICI	C	0.08%	0.07%	0.07%
	VLO	F	0.11%	0.09%	0.09%
	VLTO	C	0.06%	0.05%	0.05%
	VMC	D	0.08%	0.06%	0.06%
	VRSK	D	0.09%	0.08%	0.08%
	VRTX	D	0.28%	0.25%	0.25%
	VST	C	0.07%	0.05%	0.05%
	VTR	C	0.06%	0.05%	0.05%
	VTRS	D	0.03%	0.03%	0.03%
	VZ	B	0.45%	0.37%	0.37%
	WAB	B	0.07%	0.06%	0.06%
	WBA	F	0.02%	0.01%	0.01%
	WBD	D	0.04%	0.03%	0.03%
	WDC	D	0.05%	0.04%	0.04%
	WEC	C	0.07%	0.06%	0.06%
	WELL	C	0.17%	0.16%	0.16%
	WFC	D	0.45%	0.38%	0.38%
	WM	D	0.19%	0.15%	0.15%
	WMB	B	0.13%	0.11%	0.11%
	WMT	C	0.79%	0.68%	0.68%
	WRB	C	0.04%	0.04%	0.04%
	WST	D	0.05%	0.04%	0.04%
	WTW	C	0.07%	0.06%	0.06%
	WY	C	0.05%	0.05%	0.05%
	XEL	B	0.08%	0.07%	0.07%
	XOM	C	1.24%	0.99%	0.99%
	XYL	C	0.08%	0.06%	0.06%
	ZBH	F	0.06%	0.04%	0.04%
	ZBRA	B	0.04%	0.03%	0.03%
	ZTS	C	0.2%	0.17%	0.17%

QVML Overweight 1 Positions Relative to SCHX

	Symbol	Grade	Weight
	RL	C	0.02%

QVML Underweight 284 Positions Relative to SCHX

	Symbol	Grade	Weight
	GOOGL	D	-1.79%
	TSLA	C	-1.28%
	MCD	B	-0.42%
	PM	C	-0.39%
	AMGN	B	-0.36%
	PFE	C	-0.34%
	SBUX	C	-0.22%
	AMT	C	-0.22%
	BMY	C	-0.2%
	GILD	B	-0.2%
	BA	F	-0.19%
	EQIX	C	-0.17%
	KKR	B	-0.16%
	MMM	B	-0.15%
	TDG	B	-0.15%
	AON	B	-0.15%
	PLTR	B	-0.14%
	MRVL	C	-0.13%
	ORLY	C	-0.13%
	NEM	B	-0.12%
	CRWD	D	-0.12%
	APD	B	-0.12%
	CCI	C	-0.11%
	HLT	B	-0.11%
	AZO	D	-0.11%
	WDAY	D	-0.11%
	APO	C	-0.1%
	FTNT	C	-0.1%
	MSCI	C	-0.09%
	TTD	B	-0.09%
	FICO	B	-0.09%
	FIS	B	-0.09%
	OTIS	C	-0.08%
	SNOW	F	-0.08%
	YUM	D	-0.08%
	LNG	C	-0.08%
	DASH	C	-0.08%
	VEEV	C	-0.07%
	ALNY	C	-0.07%
	DDOG	D	-0.07%
	SQ	D	-0.07%
	RMD	C	-0.07%
	COIN	F	-0.06%
	VRT	C	-0.06%
	AWK	B	-0.06%
	DELL	D	-0.06%
	BIIB	F	-0.06%
	MTD	D	-0.06%
	RBLX	B	-0.05%
	NET	D	-0.05%
	TTWO	C	-0.05%
	ARES	B	-0.05%
	HEI	B	-0.05%
	HUBS	D	-0.05%
	SBAC	C	-0.05%
	TEAM	D	-0.05%
	DXCM	F	-0.05%
	PINS	F	-0.04%
	SUI	B	-0.04%
	APP	C	-0.04%
	ZM	C	-0.04%
	EME	B	-0.04%
	AVTR	B	-0.04%
	LII	B	-0.04%
	DKNG	C	-0.04%
	TRU	B	-0.04%
	CSL	B	-0.04%
	WAT	C	-0.04%
	BAH	C	-0.04%
	EL	F	-0.04%
	MKL	C	-0.04%
	ILMN	C	-0.04%
	STX	C	-0.04%
	GDDY	C	-0.04%
	FCNCA	D	-0.04%
	MDB	D	-0.04%
	ERIE	B	-0.03%
	TTEK	C	-0.03%
	AES	C	-0.03%
	AMH	C	-0.03%
	USFD	B	-0.03%
	ACM	B	-0.03%
	IBKR	B	-0.03%
	TW	B	-0.03%
	RNR	C	-0.03%
	WPC	C	-0.03%
	OC	D	-0.03%
	CASY	D	-0.03%
	GWRE	A	-0.03%
	RGA	C	-0.03%
	GGG	C	-0.03%
	ELS	C	-0.03%
	GLPI	C	-0.03%
	TOL	B	-0.03%
	ZS	F	-0.03%
	PSTG	F	-0.03%
	TPL	B	-0.03%
	WSO	C	-0.03%
	ENPH	D	-0.03%
	RPM	B	-0.03%
	FNF	B	-0.03%
	UTHR	C	-0.03%
	RBA	B	-0.03%
	LPLA	D	-0.03%
	RS	D	-0.03%
	SSNC	B	-0.03%
	VRSN	D	-0.03%
	PODD	B	-0.03%
	BMRN	F	-0.03%
	MANH	B	-0.03%
	ENTG	F	-0.03%
	BURL	B	-0.03%
	WSM	D	-0.03%
	ACI	F	-0.02%
	LBRDK	F	-0.02%
	VOYA	B	-0.02%
	BERY	B	-0.02%
	AYI	B	-0.02%
	WBS	D	-0.02%
	AXTA	B	-0.02%
	CIEN	C	-0.02%
	COLD	D	-0.02%
	AR	F	-0.02%
	SOFI	C	-0.02%
	MEDP	F	-0.02%
	PEN	D	-0.02%
	WEX	C	-0.02%
	MORN	C	-0.02%
	KNX	C	-0.02%
	CHK	D	-0.02%
	OGE	C	-0.02%
	KBR	D	-0.02%
	CG	D	-0.02%
	FHN	D	-0.02%
	DCI	C	-0.02%
	WAL	B	-0.02%
	TPX	C	-0.02%
	SNX	D	-0.02%
	CHE	C	-0.02%
	AFG	B	-0.02%
	ORI	B	-0.02%
	TTC	D	-0.02%
	EGP	B	-0.02%
	ROKU	C	-0.02%
	RGLD	C	-0.02%
	HAS	B	-0.02%
	ALLY	F	-0.02%
	OLED	C	-0.02%
	NNN	C	-0.02%
	SNAP	F	-0.02%
	CNH	D	-0.02%
	EHC	C	-0.02%
	UNM	B	-0.02%
	CHDN	C	-0.02%
	MTCH	C	-0.02%
	OVV	F	-0.02%
	JEF	B	-0.02%
	RIVN	F	-0.02%
	WMS	D	-0.02%
	RRX	C	-0.02%
	WTRG	D	-0.02%
	KNSL	C	-0.02%
	ARMK	B	-0.02%
	LECO	F	-0.02%
	OHI	B	-0.02%
	ATR	B	-0.02%
	TOST	C	-0.02%
	WWD	D	-0.02%
	TWLO	D	-0.02%
	FTI	D	-0.02%
	BJ	D	-0.02%
	CACI	B	-0.02%
	NVT	D	-0.02%
	CCK	A	-0.02%
	CTLT	B	-0.02%
	LAMR	B	-0.02%
	ITT	B	-0.02%
	RPRX	C	-0.02%
	HOOD	C	-0.02%
	EWBC	D	-0.02%
	REXR	C	-0.02%
	PFGC	B	-0.02%
	SAIA	D	-0.02%
	BSY	D	-0.02%
	DOCU	C	-0.02%
	FND	C	-0.02%
	TECH	C	-0.02%
	CW	B	-0.02%
	BLD	D	-0.02%
	SCI	B	-0.02%
	OKTA	F	-0.02%
	EXAS	C	-0.02%
	JLL	B	-0.02%
	Z	B	-0.02%
	EQH	C	-0.02%
	XPO	D	-0.02%
	CUBE	B	-0.02%
	CLH	A	-0.02%
	SRPT	D	-0.02%
	NBIX	F	-0.02%
	DKS	D	-0.02%
	DT	C	-0.02%
	CACC	F	-0.01%
	RCM	C	-0.01%
	ZI	D	-0.01%
	BOKF	B	-0.01%
	PAG	D	-0.01%
	COTY	F	-0.01%
	LCID	C	-0.01%
	RH	B	-0.01%
	PII	D	-0.01%
	WLK	D	-0.01%
	W	D	-0.01%
	U	D	-0.01%
	SEE	D	-0.01%
	PATH	D	-0.01%
	UGI	C	-0.01%
	CELH	F	-0.01%
	FIVE	D	-0.01%
	BILL	D	-0.01%
	WHR	D	-0.01%
	ALK	C	-0.01%
	PCOR	F	-0.01%
	MASI	F	-0.01%
	OGN	D	-0.01%
	XRAY	D	-0.01%
	ST	D	-0.01%
	CLF	F	-0.01%
	SON	C	-0.01%
	AGCO	D	-0.01%
	DAR	F	-0.01%
	GME	F	-0.01%
	VFC	C	-0.01%
	POST	C	-0.01%
	LEA	F	-0.01%
	ETSY	F	-0.01%
	ESTC	F	-0.01%
	WH	B	-0.01%
	CRBG	D	-0.01%
	LSCC	D	-0.01%
	STWD	B	-0.01%
	BRKR	D	-0.01%
	NOV	F	-0.01%
	RHI	D	-0.01%
	G	C	-0.01%
	ARW	C	-0.01%
	ZION	D	-0.01%
	JAZZ	D	-0.01%
	CGNX	F	-0.01%
	MTN	D	-0.01%
	DINO	F	-0.01%
	SEIC	C	-0.01%
	ALV	F	-0.01%
	GNTX	F	-0.01%
	CFR	C	-0.01%
	WCC	D	-0.01%
	PCTY	C	-0.01%
	MIDD	D	-0.01%
	TREX	D	-0.01%
	LAD	D	-0.01%
	CBSH	C	-0.01%
	RRC	D	-0.01%
	WYNN	D	-0.01%
	ELAN	D	-0.01%
	UHAL	A	-0.01%
	WSC	D	-0.01%
	CMA	B	-0.01%
	AA	D	-0.01%
	AGNC	B	-0.01%
	RGEN	F	-0.01%
	HTZ	F	-0.0%
	NFE	F	-0.0%
	UI	B	-0.0%
	DJT	F	-0.0%
	AGL	F	-0.0%
	WOLF	F	-0.0%
	SEDG	F	-0.0%
	CAR	F	-0.0%
	PLUG	F	-0.0%
	CNA	C	-0.0%
	REYN	C	-0.0%
	ADTN	D	-0.0%
	FIVN	F	-0.0%
	AGR	B	-0.0%

QVML: Top Represented Industries & Keywords

Industries: Diversified Industrials Utilities - Regulated Electric Software - Application Semiconductors Business Services Oil & Gas E&P Asset Management Banks - Regional - US Packaged Foods Capital Markets Diagnostics & Research Aerospace & Defense Credit Services Health Care Plans Information Technology Services Insurance - Property & Casualty Medical Devices Medical Instruments & Supplies REIT - Residential Specialty Chemicals

Keywords: S&P 500 Nasdaq 100 Natural Gas Electricity Insurance Computing Electronics Dow Jones Component Aerospace Real Estate Investment Trust Bank Chemical Semiconductor Banking Telecommunications Insurance Products Petroleum Industry Investment Bank Medicine Plastic

SCHX: Top Represented Industries & Keywords

Industries: Software - Application Diversified Industrials Business Services Utilities - Regulated Electric Banks - Regional - US Asset Management Semiconductors Specialty Retail Diagnostics & Research Oil & Gas E&P Software - Infrastructure Biotechnology Capital Markets Aerospace & Defense Insurance - Property & Casualty Packaging & Containers REIT - Residential Specialty Chemicals Medical Instruments & Supplies Packaged Foods

Keywords: S&P 500 Nasdaq 100 Computing Natural Gas Insurance Electricity Electronics Aerospace Bank Chemical Real Estate Investment Trust Telecommunications Banking Dow Jones Component Mining Medicine Semiconductor Insurance Products Transport Cloud Computing